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Dates: during 1920-1929
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Suicides, long rumored, became facts, indicated some losers. Most prominent of suiciders was James J. Riordan, president of New York's County Trust Co. (TIME, Nov. 18). In Manhattan, George E. Cutler, wholesale produce merchant, jumped to death. In Philadelphia, Frank S. Palfrey and W. Paul Brown, brokers, shot themselves. In Chicago, Herman L. Felgenhauer, grain broker, took gas. A Rochester suicide was Robert M. Searle, president of Rochester Gas & Electric Co., who was supposed to have lost $1,200,000 in October. Once before he had lost $1,000,000, had gone to a sanitarium. In Scranton (Pa.), Carl...

Author: /time Magazine | Title: Business: Heroes, Wags, Sages | 11/25/1929 | See Source »

Cause of United Fruit Co.'s drastic threats was Costa Rica's new law placing a tax of 3% a bunch upon bananas, second only to coffee in Costa Rican economics. Angry, the U. F. C. declared it would be cheaper to open new plantations in other countries, showed its annoyance by stopping new planting in Costa Rica, refusing to renew contracts with independent growers. United Fruit Co. trade is essential to Costa Rica. Last year Costa Rica's revenues came to $33,318,699, those of the fruit company to $20,606,393. Observers last week believed...

Author: /time Magazine | Title: Business & Finance: Fruit Trouble | 11/25/1929 | See Source »

Cuyamel. Last week, also Central Americans heard that United Fruit Co. already the most important single factor in their trade, might become an even greater, more potent unit. From New Orleans, chief banana port, came rumors that U. F. C. had bought the Cuyamel Fruit Co., second in the field, operating eleven ships, large landowners in Honduras and Nicaragua. Combined assets of the two companies would exceed $250,000,000. Independent still would be the Standard Fruit and Steamship Corp., founded and largely owned by the Brothers Vaccaro of New Orleans...

Author: /time Magazine | Title: Business & Finance: Fruit Trouble | 11/25/1929 | See Source »

Last week friends of the artist were permitted to see in Manhattan nine of a series of ten new murals by Boardman Robinson for department-store tycoon Edgar Kaufmann of Pittsburgh...

Author: /time Magazine | Title: Art: History of Commerce | 11/25/1929 | See Source »

...Many of the great men the university will bring forth are now young men on their way," said Mr. Swift last week while discussing what he and Barber Bratfish and all other good Chicago University men had most in mind?the induction of Chicago's new president, the youngest big- university president in the land...

Author: /time Magazine | Title: Education: On the Midway | 11/25/1929 | See Source »

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